The White House sets terms in its IPO

SteveGelsi

NEW YORK (CBS.MW) -- The White House said in a filing with the Securities and Exchange Commission that it plans to offer 3.12 million shares at $12 to $14 each in a bid to raise up to $43.7 million in its initial public offering. The Glen Burnie, Md. retailer of women's clothing plans to trade on the Nasdaq under the symbol "WHBK." The White House filed to go public on May 22.

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